Logan Circle Mixed-Use Victorian
1501 11TH NW STREET, Washington, DC 20001
Historic 6,213 SF building in Logan Circle available for sale.
Type:Commercial/Industrial
Property size:
6,213 SFLot size:
0.02 AcresPrice / SF:
$354/SF- Added:
- Mar 11, 2026
- Days on Market:
- 73
- Last Refresh:
- Apr 6 at 3:00 am
Property Features for 1501 11TH NW STREET
General Information
- Standard status
- Active
- Size
- 6,213 SF
- Lot size
- 0.02 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1890
Listing agent Monique A Walker License #BR98379354
Listing office Fleur de Lis, LLC (301) 750-7040
Listing date Mar 11, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Fleur de Lis, LLC
HighLights
- Prime Logan Circle location with mixed‑use zoning allowing for a broad range of development.
- Large Victorian mansion (6,213 SQFT) with significant character and a flexible floor plan.
- Excellent access to transportation with walking distance to 4 Metro rail stations.
- Three distinct entrance areas and life safety egress, fully sprinklered, replacement windows, and fenced yard.
- Sun‑drenched building with ample windows providing natural light.
- Historic property available for sale for the first time in decades.
Overview
This stately 6,213 square foot Logan Circle building, per public record, presents an opportunity for reimagining. The end cap Victorian mansion, constructed in 1890, is located in the historic Shaw neighborhood and fronts 11th Street on a corner lot. Character elements include millwork, masonry, and a wrought iron exterior entrance stairway. The property features a fenced yard, replacement windows, and a full sprinkler system, along with three distinct entrance areas and life safety egress. The building comprises three levels with a loft area totaling 4,950 square feet above grade, plus an additional 1,263 square foot English basement. The 11th Street corridor has been up-zoned to encourage mixed-use development, specifically commercial and residential uses. The District of Columbia has prioritized this property as mixed-use. The 2021 Comprehensive Plan Map reflects the new zoning of MU-4 (Mixed-Use), permitting a broad range of commercial, institutional, and multiple dwelling unit residential development. The sun-drenched building has ample windows providing natural light throughout. It was most recently leased as a multi-tenanted office building, but could be converted back to a single family home or multiple units. The property includes six decorative fireplaces. The open floor plan allows for a modern workplace experience with a board room and creative space. The parlor areas can be utilized as flex spaces for seminars, receptions, makers space or collaborative meeting space. The building functions well as an office and can accommodate an around-the-clock work environment, complete with a full bathroom with stand up shower, additional powder restrooms, a kitchen/breakroom, storage, swing space, and private rooms/offices. The site is walking distance to 4 Metro rail stations, various attractions and amenities: libraries, dog parks, a skate park, restaurants, entertainment, schools, museums, daycares, hospitals, a fire department, colleges, swimming pools, pharmacies, a police department, and a post office.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$2.19M
NOI $197,275 @ 9.00% cap · cautious / downside scenario
Moderate
$2.82M
NOI $197,275 @ 7.00% cap · market / base-case scenario
Aggressive
$3.95M
NOI $197,275 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $313.1k | $50.40 |
| − Vacancy | −$50.1k | −$8.06 |
| EGI | $263.0k | $42.34 |
| − OpEx | −$65.8k | −$10.58 |
| NOI | $197.3k | $31.75 |
6,213 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$2.82M
$2.47M – $3.29M
NOI $197,275 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$1.47M
$1.29M – $1.72M
NOI $103,232 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$3.20M
$2.80M – $3.73M
NOI $223,704 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Murrell & Associates
Law Firm
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.0268
- Latitude
- 38.9098
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Historic 6,213 SF building in Logan Circle available for sale.
Where is this office building located?
The property is located at 1501 11TH NW STREET Washington, DC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Prime Logan Circle location with mixed‑use zoning allowing for a broad range of development.; **Large Victorian mansion (6,213 SQFT) with significant character** and a flexible floor plan.; Excellent access to transportation with walking distance to 4 Metro rail stations.
